Companies involved in international exploration/production are always faced with the question of which countries have the most favorable fiscal terms. The typical way of analyzing this problem is to compare tax rates or profit splits. This task becomes much more difficult though, when an attempt is made to compare the terms of countries which vary considerably in their fiscal methodology. The True Government Take (TGT) is a quantitative indicator that measures the overall effect of a particular fiscal system and thus allows more meaningful comparisons between countries.

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